let's bring in the cow guy at rfdtv scott shellady.cott, you know these federal tax credits are great if you can figure out if the car you're interested in even qualifies because it's very confusing. i was just looking through part of the list. can we afford an ev in the first place even if we get the $7500? >> well, let's call the $7500 what it is, it's a bribe; right. that's because they can't make the case for the american people it's an actual better car. i mean, i wasn't around back then, i feel like i was but i wasn't around when we got off of the horse and got into the car, i don't recall reading about any $7500 tax credit to get off the horse and get into the car. the car was a better option; right? this needs to be a better option and they've not made the sale to the american people. yes, it's more expensive and that's part of the problem. but also this could possibly be one of the biggest changes in my lifetime to the way we live and work; right. moving from a combustion engine to an electric vehicle, and there hasn't been an

let's get to the floor show with trader scott shellady and steven sarge gilfoy. steven, should people be putting their money in right now and santa was able to make his way around the world but will he be coming to wall street? >> i don't have a high degree of confidence and i'm tactically set up for a santa claus rally and i added to that and low position in southwest air. i added some nvidia and added to a and d bainitessing laws and position and a d is my stock pick in 2023 and up at real money pro. strategically i see rougher seas ahead and set up for potential recession going into the second quarter probably. when it gets to investing, not trading, i'm staying on the defense contractors and long on lockheed martin, raytheon, general dynamics, boeing and three and six month t bills and high percentage of portfolio in sash going into the next year and you might as well make four% on it. kelly: yeah, cash is king. before i bring in scott, i want to follow up quickly, amd, advanced micro-devices and seen head winds with the semiconductor industry and we've got m

on because she knows better than just about anyone how to read the feds projections and trader scott shellady is the guy to tell us how investors might shift direction next week. dianne we're going to begin with you. two things have happened so far today that underscore the fed's efforts. we got the flash pmi, the manufacturing health read for december, actually both manufacturing and services, both numbers missed. then, the "wall street journal" broke the news that according to sources the financial giant, goldman sachs, is going to lay off 4,000 employees or 8% of its workforce. goldman down about 1%. you know, should the fed pause right now, dianne? >> they're not done yet and i think what you have to look at is we're still at 7% inflation even with the core inflation we know there's some kirks in the data that the slowdown at around 6% on the cpi is not really that much of a slowdown. it's showing declines in medical services which we know are actually going up and it's because of a quirk in the way the cpi measures that data which lagged about a year so i think it's really important from